ZIP Code · VT

ZIP 05401

Pop. 31,662·Chittenden County·1st most expensive ZIP in Vermont
Median rent (all units)
$2,754/mo
Year-over-Year
+1.5%
Month-over-Month
Stable
vs US Median
+$822
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 05401 · $2,754
More expensive than 86% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,810
2 BR
$2,340
3 BR
$3,000
4 BR+
$3,100
Research median
$2,340/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

April. Asking rents in ZIP 05401 usually run 0.9% below trend in April and 1.6% above it in October, about $69 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 05401 is at its highest level since Zillow's records here began in August 2017.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 05401 rose 36.6% while median household income rose 45.8% ($45,018 to $65,657). Income kept ahead of rent.

Recent direction

Rent has risen 8 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($65,657) is $1,641 a month. That covers HUD's Fair Market Rent for up to a studio ($1,640); a 1-bedroom is $1,810.

Cheaper nearby

ZIP 05404, 2 miles away, rents for 19% less ($2,218/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 05401. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$33,048/yr
At $2,754/mo median
Location
StateVT
CountyChittenden County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.5% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 05401 (Burlington, VT) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 62.6% of residents hold a bachelor's degree or higher.

Population
31,662
Median income
$65,657
Median age
25.9
Renters
68.6%
Age distribution
57.1%
16.3%
Under 189.9%
18–3457.1%
35–5416.3%
55–646.5%
65+10.3%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
85.2%
White85.2%
Black3%
Hispanic3%
Asian4.6%
Other4.3%
Education (25+)
15.2%
17.4%
62.6%
No HS diploma4.7%
HS diploma15.2%
Some college17.4%
Bachelor's+62.6%
Housing tenure
31.4%
68.6%
Owner31.4%
Renter68.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 05401 in Burlington, VT has changed in 5 years

Rent
$2,106 → $2,754
up 30.8%
Income
$54,088 → $65,657
up 21.4%
Population
32,724 → 31,662
down 3.2%
Renter share
72.3% → 68.6%
-3.7 pts
Bachelor's+
61% → 62.6%
+1.6 pts
Median age
25.1 → 25.9
+0.8 yrs

Compared with 2021, rent in ZIP 05401 in Burlington, VT has increased by $648 per month, settling near $2,754 after starting the period at $2,106. On the earnings side, the typical household in ZIP 05401 in Burlington, VT now reports about $65,657, up from $54,088 in 2021. Rent outpaced income growth by roughly 9.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 32,724 to 31,662 between 2021 and 2024, a 3.2% change. About 68.6% of households rent today, against 72.3% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 05401 in Burlington, VT reflects that arc in its own way.

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About renting in ZIP 05401

Last updated: October 17, 2026

ZIP code 05401 covers Burlington, VT. The median rent here is $2,754/mo as of October 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,340/mo.

At 50% of local median household income ($65,657/yr), ZIP 05401 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 05401?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (about $53/hour full-time) to afford the median rent of $2,754/mo in ZIP 05401. The local median household income is $65,657/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 05401?

Rent in ZIP 05401 has risen 1.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in August 2017.

When is the cheapest time to rent in ZIP 05401?

Asking rents in ZIP 05401 are usually lowest in April, about 0.9% below their yearly trend, and highest in October, about 1.6% above it. At today's median that is a gap of roughly $69 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 05401?

No. From 2019 to 2024, rent in ZIP 05401 rose 36.6% while median household income rose 45.8%, from $45,018 to $65,657. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 05401 compare to other ZIPs in Vermont?

ZIP 05401 is one of the pricier among Vermont ZIP codes for rent, ranking #1 of 6 at $2,754/mo.

How does ZIP 05401 compare to the rest of Burlington?

At $2,754/mo, ZIP 05401 is $16 above the Burlington citywide median of $2,738/mo.
Income Affordability
50%
STRETCHED

At $2,754/mo, rent takes ~50% of ZIP 05401's median household income ($65,657/yr). The standard benchmark is 30%.

ZIP 05401 50%Benchmark 30%
State income tax3.35–8.75%
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Schools nearby

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